Providence Resources - PVR Stream Log

Jimmy24 you said Quote "Based on press reports, it looks like the oil industry would not farm in, we do not know the reason but the press commentary indicated that the industry view was that another well was required, as I too have indicated for a long time"" what press report could you let me know where I could read this.cheers

Bullboyj, I admire your optimism, but can you explain why the S.P is falling and high volume of shares been sold on a daily basis. There is no point looking past Barryroe for now, as a failed farmout will only mean one thing more dilution.

These O'Reillys are full of BS. What a terrible investment here

Hopefully too busy working on the farm out

When you think about the people who really need this to work are the O'Reilly's. If it does not, they will have nothing.

Hard to tell. The tax situation may have something to do with it. They could sell some shares at a lose for capital gains tax, then buy them back again, and then announce the farmout.

No Volume for a couple of days now. This is a good sign for the farmout I would think

HI guys, might be relevant here but I have been involved in several long periods of negotiation in my life, it has been my experience that those you can detach themselves emotionally from the time period involved tend to be the best negotiators, you keep at it until you get the deal you want and NEVER become emotionally attached to the end of the negotiation...

This sp has never reflected reality logic or reason, why should it start now...

I'm fairly new to this forum and I enjoyed the banter especially from Sobeit. In my opinion, the Barryroe deal has already been agreed; however, this will not be announced until Senior has had the remainder of his debt with the banks written off. If you want to estimate a timeline for an announcement then keep an eye on Senior's most recent estate for sale. When the sale is agreed then add one month.